Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Here’s Why

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped down prior to trading on Tuesday . The stock had previously closed at $10.61, but opened at $9.65. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.60, with a volume of 5,821 shares trading hands.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities upgraded shares of Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Kimberly-Clark de Mexico SAB de CV currently has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Stock Up 0.7%

The stock has a market capitalization of $6.57 billion, a price-to-earnings ratio of 17.51 and a beta of 0.75. The firm has a 50 day simple moving average of $10.34 and a 200-day simple moving average of $9.93. The company has a debt-to-equity ratio of 3.60, a current ratio of 1.27 and a quick ratio of 0.97.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its earnings results on Thursday, October 23rd. The basic materials company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.01). The firm had revenue of $728.43 million during the quarter, compared to the consensus estimate of $723.40 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 140.79% and a net margin of 13.02%.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, SAB. de C.V. operates as one of the leading manufacturers of personal care and paper‐based products in Mexico. As a locally managed subsidiary of the global Kimberly-Clark Corporation, the company focuses on the production, marketing and distribution of consumer staples designed for everyday use, ranging from facial and bathroom tissue to diapers and feminine care items.

The company’s portfolio includes well-known brands such as Kleenex and Scott for tissue products, Huggies for baby care, Kotex for feminine hygiene and Depend for adult incontinence.